Business

The Food and Drug Administration‘s call on whether to approve Biogen‘s experimental Alzheimer’s drug, aducanumab, will be the “most important decision” the federal regulator will make in 2020, Bernstein analyst Ronny Gal said Friday. When asked if he thought the FDA would approve the drug, Gal said, “Yes.” “[But] you’ve got to be cautious about

The Mandalorian and the Child on Disney+’s “The Mandalorian.” Disney Season two of the beloved Disney+ Star Wars show “The Mandalorian” will be released in fall 2020, showrunner Jon Favreau said Friday. Favreau tweeted out the date along with a photo of a statuette of Gamorrean, a green-skinned pig-like species seen in the Star Wars

A display at a Michael’s store Source: Michael’s Michaels Companies is replacing its new CEO Mark Cosby after just over two months, hiring Walmart executive Ashley Buchanan to run the arts and crafts retailer as part of a leadership shuffle announced Friday. Buchanan will become the president and designated CEO starting on Jan. 6 while

Investors should take a look at a company’s fundamentals in order to decipher a “signal” from the “noise” in a particular stock’s moves in the market, CNBC’s Jim Cramer said. A signal means that the shares will keep running in the same direction. Noise, on the other hand, is just noise, which could be a

Donald Trump in Home Alone 2 Source: YouTube The Canadian Broadcasting Corp. said Thursday that a TV version of the Christmas movie “Home Alone 2: Lost in New York,” which erased a cameo from President Donald Trump, was edited years before Trump became president. The Trump-free version of the 1992 film, which aired on the

An Amazon Prime package Andrew Harrer | Bloomberg | Contributor Check out the companies making headlines in midday trading: Amazon — Shares of Amazon jumped over 3%, leading the gains in the S&P 500, after the e-commerce giant said this was its best holiday shopping season ever this year. Amazon said in a statement that

Senior Pentagon officials have told members of the Armed Forces to skip what may seem like the perfect holiday gift — an at-home DNA test. In a Dec. 20 memo obtained by NBC News, Under Secretary of Defense for Intelligence Joseph Kernan and James Stewart, acting Under Secretary of Defense for Personnel and Readiness, said

(L-R) Gamers ‘Ninja’ and ‘Marshmello’ pose together during the Epic Games Fortnite E3 Tournament at the Banc of California Stadium on June 12, 2018 in Los Angeles, California. Christian Petersen | Getty Images If you were a gamer about 10 years ago, you likely spent your time running to GameStop to pony up $60 for

Boeing‘s incoming CEO, David Calhoun, a 10-year board member, is inheriting a company in crisis, as the nation’s top exporter navigates the fallout from two crashes of its bestselling 737 Max planes. Analysts painted a picture of Calhoun as a logical choice to right the ship. Boeing ousted CEO Dennis Muilenburg, announcing Calhoun as his

Birk Ruud of Norway competes the Men’s Freeski Big Air finals during the 2019 Air+Style Beijing FIS SnowBoard World Cup on December 14, 2019 in Beijing, China. Lintao Zhang | Getty Images Two Chinese cities — namely Beijing and Zhangjiakou — witnessed a burst of activity in winter sports investment after China was named the

SAN FRANCISCO — It’s nearly two hours before game time, a Week 11 matchup against the Arizona Cardinals, and a San Francisco official is observing negative alerts from a concession stand but can’t figure out why. For Moon Javaid, the 49ers’ vice president of strategy and analytics, the alerts are “atypical” because it’s so early

A father and daughter play with a digital tablet at an Estée Lauder store in Shanghai. SOPA Images | LightRocket | Getty Images CNBC’s Technology Executive Council is dedicated to the digital transformation of companies and organizations across sectors of the economy. Michael Smith, chief information officer at The Estée Lauder Companies, recently provided CNBC

Tourists check the model of the Taipei 101, a 508-meter high commercial building, in Taipei on August 27, 2019. (Photo by Sam YEH / AFP) (Photo credit should read SAM YEH/AFP via Getty Images) SAM YEH TAIPEI — High office rentals in Taiwan look like they’re here to stay. The office space market in the

Boeing Co. 737 fuselage sections sit on the assembly floor at Spirit AeroSystems in Wichita, Kansas. Daniel Acker | Bloomberg | Getty Images Boeing said Monday that it told suppliers to halt shipments of 737 Max parts for a month starting in January, providing new visibility into how the worldwide grounding of the bestselling plane

Uber and Lyft drivers protest during a day-long strike outside Uber’s office in Saugus, Massachusetts, May 8, 2019. Brian Snyder | Reuters Freelancers, contractors and groups of independent business owners are going into overdrive in New Jersey to fight legislation on worker misclassification that they fear will devastate their businesses, in the wake of backlash

Chewbacca, Finn and Poe Dameron pilot the Millenium Falcon in “Star Wars: The Rise of Skywalker.” Disney | Lucasfilm Despite lackluster reviews from critics, “Star Wars: The Rise of Skywalker” hauled in $176 million during its domestic debut, the third highest U.S. opening in 2019. The film, which holds a 58% “Rotten” score on Rotten

As Major League Baseball gets prepared to usher in a new decade, it may have achieved another milestone before the calendar flips to 2020. According to a report by Forbes, the MLB grossed a record $10.7 billion in revenue for the 2019 season, an increase from the $10.3 billion the prior year. The MLB did

Daisy Ridley as Rey in “Star Wars: The Rise of Skywalker.” Disney | Lucasfilm The Skywalker saga has ended. With the release of “The Rise of Skywalker” on Friday the nine-film epic has concluded, but that doesn’t mean the end of Star Wars. There’s a slate of TV shows, comic books, novels and feature film

Tim Seymour shopping for a Christmas tree on Manhattan’s Upper West Side. Source: Tim Seymour On a Saturday morning earlier this month, I went out with my daughter on the annual urban pilgrimage to buy a Christmas Tree in New York City. My son was too busy on his iPad to care (AAPL all-time highs).

Micah Young | E+ | Getty Images 2019 has been a record year for store closures in retail. In the U.S., retailers this year have announced plans to shut more than 9,300 locations. That’s up more than 50% from the total announced closures in 2018, which amounted to 5,844, Coresight said. Previously, the record was